QSTRAT Cost-based Quoting replaces siloed, manual, labor intensive processes with an efficient, error-proofed quoting workflow. For less than half the annual cost of a full-time employee, QSTRAT will reduce your labor cost, eliminate costly errors, and increase the velocity of your sales cycles.
Eliminate non-value-add activity related to the sales, estimating, or material sourcing for new programs - allowing your team to focus on delivering higher quality more competitive responses.
Take a data-driven approach to quoting by systematizing domain knowledge and reduce reliance on just a few key individuals.
Increase gross margin by applying more accurate ABC costing methods.
Begin to build a database of quotes, responses and win rates for analysis, and repeatability.
Our customers have been turning to QSTRAT for almost 20 years to improve overall program success. QSTRAT has a global install base that together is processing 1000s of RFQs each day. Multi-nationals like Linamar, Sylvania, Zeiss, Kasai, and Leggett & Platt rely on QSTRAT to accelerate RFQ processing, increase win rates, and improve gross margins.
|Feature/Function||QSTRAT Sourcing||Portal Solution|
|Issue RFx’s as eForms directly to suppliers|
|Buyer and supplier receive instant receipt of bids|
|Compare all bid responses in real time|
|Zero training for suppliers|
|Zero software cost to suppliers|
|Suppliers view and respond to RFx eForms with nothing more than a Free Adobe PDF Reader|
|View 3D technical/engineering drawings with nothing more than a Free Adobe PDF Reader|
|Speed: leverage data to find, copy, edit & re-use similar RFx’s|
|Change Management: Vault and track all changes from one location|
|SOX Compliance: complete audit trail including time, date and name stamp for every communication|
|Complete and accurate supplier responses every time|
|More time to focus on meeting cost reduction targets|
|Re-certify suppliers globally with only a few keystrokes|
|Automatically track all communications with suppliers in one location|
|Leverage RSS technology with QSTRAT Quote-Cast to make real time updates a reality|
|Integrate with a suite of products managing Sales RFx’s, Costing and 3D image viewing|
|Industry standard architecture to enable ERP/MRP integration|
|Complete supplier management capability built-in|
Deployments are tailored to your organizational needs.
QSTRAT offers on-demand, on-premise or hybrid deployment optionslet’s talk
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Load sourcing event information from QLM Costing, a spreadsheet, a prior event or enter manually as required, add supporting documents, drawings, spec files, etc.
Assign vendors to e-RFQ based on category of element being sourced or allow the system to do the selection for your validation before issuing
Two-Way Communication with vendors through system generated emails including supporting documents
Attachments and fully-validated Supplier Submissions with no Portal or manual data-entry required
Immediate access to supplier responses and state of the art Decision Support tools for comparison and award